All Forum Posts by: Adam Macias

 I can tell in 20 seconds of the wholesaler, is real or not. I always ask, are you direct with the owner? When they say, " my partner " is. That means they found a deal online, they are now marketing it and calling themselves a wholesaler. I than say, ok so you are not direct, then then talk BS. I than ask, do you know who, Mr Jones is? I find the name of the owner 1st, they say umm no I then say its the owner you idiot, but hey thanks for the lead, :)

All the best, 

 Who said anything about going around a wholesaler ? 

 You must not have read what I posted if you asked that question. 

Thank you, @Adam Macias and @Amber Forkey for your generous insights!

Most are clueless; however, I do get about 20 a week sent to me in my market from them. Most no nothing about the property except for the photos they were sent, (photos are meaningless) They say but bob look at the ROI, again they are clueless, they do not even know how to determine the net cap and know nothing about the area,. So they are very useful you just need to know what you are doing.

   Also, all due respect I NEVER deal with realtors. I have done about 500 in my market and only used a realtor 10 years ago for a few.  I have found that most NOT ALL, realtors do not have a clue either. They show up at a house not knowing anything about it. How many deals do not close as they are off by 20 30 40k ( realtor fees). They all have the same line. " Multiple offers highest and best". I have to tell them what to offer. Just last year when I purchased my primary. Ask was 650 I said offer 450, Oh no , that's to low, you will piss off the seller, (EXACTLY what I want to do) I am not comfortable putting in that offer. I said Ok I will deal directly with the owner. Oh, ok I will do it. Sure, enough got it for 525k including the 15k golf membership, realtor made 15k for DOING ZERO work. All she did was get us in. Not a bad gig. 

So everyone needs to know their market, they should know exactly what to pay and where to buy. If they have to ask the realtor if this is a good deal they should not do the deal. Never leave that up to the wholesaler or the realtor,, know what you are doing. 

All the best 

My mother taught us to eat food even if from someone you don’t like.

Pick wholesalers who are in the geographical area you want.  Train them in the types of property you’re looking for.  Develop a fee based approach for them.   Tell them how you want deals Served up.  

Hey, all! My name is Larry and I'm a mental health counselor. I'm looking to get into wholesaling as a supplement to my income and depending on my success, go into it fully time. I'm currently in the knowledge gathering phase. I'm looking to make connections, meet new people, and have fun! 

Wholesaling is a time consuming business, I do not recommend dabbling part time. 

Hey there!👋
I am looking to get acquainted with anyone in Grand Rapids, MI. Area to learn more about the market and soon get started in Real Estate investing. 🏡
I have been listening to bigger pockets for over 5 years and it has been a dream of mine to invest since I started. I unfortunately came out of Physical Therapy school with immense life altering debt. I am very proud to be nearing my completion date of paying the student loans off in the coming months of this calendar year!!! 🚫🎓
I wanted to pay my loans off first just to get this behind me and mitigate risk going forward as I get into real estate investing so I would have one less large payment taking away from income to both maintain properties as well as save to acquire more doors gradually. Obviously it starts with getting the first one. I am trying to learn more and meet some people in the area or just on bigger pockets in general to start networking and move toward that first property as paying off student loans will soon be a reality. 
Excited to get started and meet some great people with similar interests and goals!

Zac ✌🏻

 I do